May 19 2022 | Buying/Selling
If you have been keeping up with our Market Watch blogs, in our last entry we talked about the madness that incurred in January, February and March. If you haven’t read it it, in a nutshell, sale prices spiked by about 30% in January and February and by the end of March prices dropped by about 20%. While the numbers were still up about 15% when compared to last year at this time, many buyers have now found themselves feeling some buyers remorse. They are regretting their beginning of the year purchase due to the current appraisal of their home which is in many cases no where near the purchase price.